Recession Alert: World Headed for Cyclical Slowdown

Note: Please see the source for the rest of the charts.

 

https://www.financialsense.com/sites/default/files/users/u728/images/2018/0611/world-leading-economic-indicator.png

 

Despite the U.S. leading economic indicators appearing healthy, the global economy appears to be headed for a slowdown, with only 34% of the 40 countries we track having leading economic indicators (LEI’s) signalling growth ahead, and the actual GDP-weighted Global LEI growth now below zero (click any image to enlarge): Continue reading